Now just to repeat, this is the total expense JUST TO CALL YOURSELF A REALTOR® . So in monthly terms, it costs us $500 PER MONTH, just to call ourselves Realtors.

This has nothing to do with the actual expenses that we incur, which vary from one agent to the next, depending on volume, activity, location, etc. Let's just give an example of some of these types of expenses:

I have doing this for 23 years. No wonder i get broker oh I am a broker. This are thwe things that the general public doesn't see. They only see the paychecks. They say that when you take a listing that you just soent about $3000. This includes your time. OH Boy!

Good morning Ralph! It's really an interesting post! Apparently you are good at financing! LOL~ You tell us why we call ourselves realtors. Since we pay a lot, we have to work hard and earn it back, isn't it? :)

Yes, and travel expenses are a big factor for a buyer's agent. They are creeping back to $4.00/gallon again. GEEZ. You laid it out very well Ralph. It's expensive and toss in broker splits and/or referral fees, it really adds up.

Yup and everyone thinks we make these huge commissions for just being there. I once had a buyer say to me at a closing "aren't you a lucky girl to make so much money so easy". I almost jumped over the table and choked him.

I also would never take a listing on bord if the seller would not pay upfront for all marketing costs: photography, for sale sign, internet advertising, and all media (newspaperr ads). Usually around $1,500/house; however for the last sale the seller, on a $750,000 incured only $500 expenses; sold before 1st home open, at 2,85 % comm less, 20% for my broker partner. Thanks- great Post!

It is really interesting what Peter shared. I'd wish we could ask upfront fees. The only upfront( i believe, here in California) is staging. All marketing, photo, video, prints, open houses food and drinks, etc. ~ all that are our upfront expenses, risk we take....

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